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54561 Meadow Bank Ln

Elkhart, IN 46514

4 bd 3 ba 3,222 sqft Built 1980 Lot 18,918 sqft single_family
Most recent sale
$330,000
Jun 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 9, 2022 Sold $330,000 Public Record
Jun 8, 2022 Sold $330,000 IRMLS
Apr 14, 2022 Listed $330,000 MLS #202213005

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $304,100 $37,100 $341,200 $2,504
2024 $285,100 $37,100 $322,200 $2,752
2023 $223,600 $37,100 $260,700 $2,304
2022 $194,400 $37,100 $231,500 $2,344
2021 $196,300 $37,100 $233,400 $2,009
2020 $196,300 $37,100 $233,400 $2,272
2019 $178,400 $37,100 $215,500 $2,035
2018 $174,900 $34,100 $209,000 $2,047
2017 $174,200 $34,100 $208,300 $2,097
2016 $167,200 $34,100 $201,300 $1,971
2015 $160,900 $34,100 $195,000 $1,927
2014 $155,500 $34,100 $189,600 $1,867
2013 $171,600 $34,100 $205,700 $2,220
2012 $171,600 $34,100 $205,700 $2,057
2011 $144,400 $33,200 $177,600 $1,667
2010 $150,300 $34,500 $184,800 $1,695
2009 $160,000 $36,700 $196,700 $1,569
2008 $165,900 $36,700 $202,600 $1,642
2007 $165,900 $36,700 $202,600 $2,392
2006 $131,400 $36,700 $168,100 $1,765

Property facts

Year built
1980
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,222 sqft
Lot size
18,918 sqft
ZIP code
46514
City
Elkhart
Street
Meadow Bank Ln
Coordinates
41.70177, -85.89862

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,980
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 54561 Meadow Bank Ln last sell?
54561 Meadow Bank Ln most recently sold on Jun 9, 2022 for $330,000.
What is the current tax assessment for 54561 Meadow Bank Ln?
The most recent total assessment for 54561 Meadow Bank Ln (year 2025) is $341,200 with $2,504 in property tax.
How does 54561 Meadow Bank Ln's assessment compare to its last sale price?
The current assessment is 3.4% above the last sale price of $330,000.
When was 54561 Meadow Bank Ln built?
54561 Meadow Bank Ln was built in 1980.
How does 54561 Meadow Bank Ln compare to others on Meadow Bank Ln?
We track 4 other properties on Meadow Bank Ln. Browse the list under "Other properties on Meadow Bank Ln" to compare beds, baths, and sale history.
What are the property facts for 54561 Meadow Bank Ln?
54561 Meadow Bank Ln is a 4 bed, 3 bath, 3,222 sqft, 18,918 sqft lot single_family.
Is 54561 Meadow Bank Ln a flip candidate?
No — 54561 Meadow Bank Ln does not appear in our flips dataset.
Is 54561 Meadow Bank Ln a tax-appeal candidate?
No — 54561 Meadow Bank Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-4.0%
Implied 1-yr
-16.1%
2026 Q3
$230.4K
2026 Q4
$217.8K
ZIP 46514 — Median Price History + Forecast

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